Tag Archives: VEHICLE OWNERSHIP COST

AAA: Annual New Vehicle Ownership Costs Drop to $11,577

For more than 70 years, AAA’s ‘Your Driving Costs’ analysis has offered valuable insights into vehicle ownership expenses. This year’s analysis shows that the total cost of owning and operating a new vehicle is $964.78 per month, or $11,577 annually, a $719 decline from 2024. Factors contributing to this decline include depreciation, lower finance charges, reduced fuel prices, and a shift …

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